3 Beaten-Down Cathie Wood Stocks That Could Make Comebacks in 2022
ARK Invest founder and CEO Cathie Wood and her various investing funds have been some of the more notable victims of the recent sell-off in growth stocks. Her ARK Innovation ETF (NYSEMKT: ARKK) has lost more than 46% of its value since peaking early last year -- and more than half of those losses occurred between early November and today.
Many of these growth companies still hold tremendous potential for investors. Given their prospects for long-term growth -- and their now-substantially discounted prices -- investors may want to take a closer look at three ARK Innovation holdings in particular: DraftKings (NASDAQ: DKNG), Roku (NASDAQ: ROKU), and Teladoc Health (NYSE: TDOC). Let's find out a bit more about these three beaten-down Cathie Wood stocks.
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Source Fool.com